Dear fellow residents,
I trust that everyone was informed about our annual AGM on the 28th of October 2010 at the clubhouse at 18H00.
It is of utmost importance that all of us attend this meeting, as this is where decisions are taken that will have an effect on us all eg financially , and selecting new board members who will represent our interests for the next year etc.
We have to carefully look at previous board members who want to stand for re-election for what they have done for our community in the past and or the lack of what they should have done but did not. We must also consider the fact that some of them have a conflict of interest and maybe should look at rather selecting “neutral” directors.
New nominees for directorship must be made aware that the job as a director should not be taken lightly as we need persons with strong character, that will not be steamrollered over by other board members. We are all aware that this is what has happened in the past. Nominees should be fully aware of the duties and responsibilities as specified in the company legislation as they may find themselves being brought to answer deictically in a court. Section 77 in the new Companies Act is very detailed as to the circumstances under which directors would be called to account.
On top of this, directors have to spend quite a lot of their time serving our community and all this for no financial gain.
Better to select members who have shown willingness to serve and have the best interest of our community at heart.
Please take all of the above into consideration when making your selection of nominees.
Please come and have a say in what happens to all of us!!!!!
Ciarra
